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Free Market Capitalism

Occupy Wall Street and the Crisis of Choice

Gabe Zichermann | Posted 01.22.2012 | Politics
Gabe Zichermann

When we start to think of politics as a market-driven activity, and political parties as products we choose to "buy" with our votes, the U.S. system starts to show some basic econometric flaws.

Capitalists of America -- Unite! (Why Adam Smith would be marching today)

Catherine Crier | Posted 12.03.2011 | Business
Catherine Crier

Today, Adam Smith's Wealth of Nations is considered a Bible for capitalism, but when published in 1776, it was a blasphemous challenge to the big business, big government mercantilism in Europe.

Designing New Financial Instruments

Soren Petersen | Posted 11.28.2011 | Business
Soren Petersen

Our current financial system, with its high dynamic and detail complexity is sensitive to manipulation and prone to herd-behavior. The outcome is often creative destruction, leading to the poorly tolerated periodic bubbles and bursts.

Buddhism And The End Of Growth

John Stanley | Posted 11.19.2011 | Religion
John Stanley

It is increasingly obvious that natural limitations will soon force economic growth to cease. Buddhist teachings emphasize that this does not require a reduction in the quality of life.

Capitalism's Seven Debtly Sins

Simon Mainwaring | Posted 10.24.2011 | Business
Simon Mainwaring

We are possibly in for the same economic meltdown that ricocheted around the world, driven by the same moral meltdown that preceded and precipitated it. I describe this as a meltdown of values as capitalism's "seven debtly sins."

Why Did Capitalism Fail?

Bob Burnett | Posted 10.19.2011 | Business
Bob Burnett

The global economy is splintering. U.S. voters hate all politicians and there's political unrest throughout the world. The root cause of this turmoil is the failure of the dominant economic paradigm -- global corporate capitalism.

State Based Health Exchanges Are Important

Tommy G. Thompson | Posted 08.27.2011 | Business
Tommy G. Thompson

States must preserve their rights to operate the health insurance exchange: If states do not build an exchange, the Affordable Care Act requires that the federal government step in and run the exchange.

The Big Idea: Creating Shared Value

Michael E. Porter | Posted 05.25.2011 | Business
Michael E. Porter

The capitalist system is under siege and a big part of the problem lies with companies themselves.

A Worldwide Revolt Against Poverty Wages

Jonathan Tasini | Posted 05.25.2011 | Business
Jonathan Tasini

Despite the growing poverty around the world, we still have a bi-partisan support (including from our president) for the very so-called "free trade" policies that have bred substandard wages.

Republicans: What's Wrong With Being Sweden?

Brian Ross | Posted 05.25.2011 | Politics
Brian Ross

The Regressives in the GOP, who would like their Fox-fed minions and Tea Party zombies to bring us back to a white America that existed around the tim...

The "Intimidation" Argument: Conservative Hypocrisy on Parade

Waymon Hudson | Posted 05.25.2011 | Politics
Waymon Hudson

There's a new cry of outrage coming from the far right and conservative circles. They've started playing the victim card as the new go-to meme: intimidation from the mean, militant gays.

Computerized Front Running: Another Goldman-Dominated Fraud

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Automated program trading, which allows traders to peek at incoming orders, explains how Goldman's trading division earned at least $100 million per day on 116 out of 194 days last year.

Understanding Americus Libertarius (Libertarians)

Dr. Jim Taylor | Posted 05.25.2011 | Politics
Dr. Jim Taylor

My interactions with libertarians have revealed them to be intelligent, engaged, and persuasive in their arguments. At the same time, libertarians raise questions about certain other qualities.

"Free Market Fundamentalism" Is an Invention of Progressives

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

There are no free market fundamentalists; everyone recognizes the need for a big role for government. The debate is whether we want it to serve the needs of the bulk of the population or just the purposes of the rich and powerful.

How Much Would You Pay For Your Next Breath Of Oxygen? When Capitalism Fails

Howard Steven Friedman | Posted 05.25.2011 | Politics
Howard Steven Friedman

Phil began grilling me, "the US economy should rely on pure free market capitalism for everything. Anything involving the government is wasteful and ...

How Soon Until the Free Market Stops the Oil Spill?

Bob Cesca | Posted 05.25.2011 | Politics
Bob Cesca

This is a spoiled, petulant and entitled corporation operating in a largely deregulated free market atmosphere. Are we to believe that it's acting responsibly and with the best interests of the Gulf in mind? Not a chance in hell.

How Free-Marketers Came to Rule

Roya Wolverson | Posted 05.25.2011 | Business
Roya Wolverson

In the United States, where bankers continue to rule the Obama administration's economic team, the idea of government teaming up with business to drive long-term innovation and growth is still struggling to gain attention.

Paul Krugman: Financial Reform Endgame

nytimes.com | PAUL KRUGMAN | Posted 05.25.2011 | Business

We've been through the second-worst financial crisis in the history of the world, and we've barely begun to recover: 29 million Americans either can't...

The Orphan Of The American Political Spectrum

Patrick Maines | Posted 05.25.2011 | Politics
Patrick Maines

Were one to design a political philosophy calculated to appeal to large numbers of "conservatives" and "liberals," it might look very much like contemporary libertarianism.

Wanted: Free-Market Mouthpieces

Rob Warmowski | Posted 05.25.2011 | Politics
Rob Warmowski

For my entire adult life, I have watched free-market fundamentalists do their thing. They demonize government, run for government, capture government, then dismantle and privatize government.

Robert Shiller: Market Bubbles Part Of Human Psychology, Won't Be Eradicated

newsweek.com | Robert Shiller | Posted 05.25.2011 | Business

When it comes to market bubbles and how they are created, very little, if anything, has changed. This is because human psychology has not changed. Mas...

From Death Panel to Death Spiral

Jeff Schweitzer | Posted 05.25.2011 | Politics
Jeff Schweitzer

The GOP is not the party of small government and lower taxes. They are the Party of borrow and spend, big government and sex scandals.

10 Reasons Why People of Faith Should Support Healthcare Reform

Edward J. Murray | Posted 05.25.2011 | Politics
Edward J. Murray

We must help the President and Congress do what we sent them to Washington to do: reform healthcare insurance coverage in the U.S. now. Even faith demands it. Doesn't it?

Free-Market Conservatives Are Just Wrong

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

Conservative free-market conservative ideologues manage to make a bad thing out of paying American workers good wages and benefits.

Capitalism's Future And The 50 People Who Will Frame The Debate

Financial Times | Steven Bernard, Jeremy Lemer and FT Reporters | Posted 05.25.2011 | Business

The credit crisis has placed the global financial system under almost unprecedented strain. Tackling the many problems and charting a course throug...